F'en Record Companies
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- shinpo0
In a way, I don't think we even need record companies anymore. I mean with the advent of youtube, vimeo and any other streaming site for audio and video the artist can upload their music directly to the public, who needs a record company helping them get their name out? And since the artist makes most of their monies selling tickets to their concerts and merchandise they will still get paid. The audio engineer will still get paid b/c the artist will go directly to the studio bypassing the middle greedy man.
While I am sure there are flaws in my scenario, the point is that if the record companies can't change with the time then the should burn off and die.
- lvl_130
not gonna happen. and if it does, say hello to more music piracy.
- baseline_shift0
yeah, the old record company model is dying. They are clawing for new revenue streams.
- shinpo0
I mean for real what they are asking is like asking my real estate agent to show my house and promote it. Then for every person they bring in to show off my house to, I get to charge the realtor 100 bucks a head.
- ukit0
The whole way the system is set up is pretty ridiculous. Did you know that anytime someone creates a piece of music, like if you wrote a song tomorrow, it is legally considered the RIAA's right to collect royalties for that song, unless you specifically opt out?
- totally effed. I heard they own my old acoustic guitar toobaseline_shift
- Indeed. But they smashed it, just cause they're a bunch of bastards.ukit
- moth0
I could care less about iTunes, but I'm pretty sure this would be the nail in the coffin of 99% of download sites.
I could tell you the return we get at peoples music store on a .79p track as it is is pretty fucking dismal after vat, cc charges, royalties, mcps....... Might as well just roll over and die.
- nb0
And musicians are essentially forced into membership in these groups. I'm a member of ASCAP, and while I don't agree with their interests, my only other options are BMI or just not getting paid at all.
- BIGGESTDOGINTHEWORLD0
Apple would just drop the previews all together because thats their sort of attitude.
- well the previews are pretty shit anyway - al;ways seem to be the least representative bit of a track so who cares not mehans_glib
- ukit0
We discussed this in another thread, big music companies would be perfectly happy to see online music stores die. They make a lot more off the sale of CDs.
Look at what they did to online radio, pretty much killing it off with their bullshit performance fees, which don't apply to real world radio.
- ukit0
I've always thought the answer would be an alternative form of licensing, web-based. Collect royalties through them and make it much easier for people to resell the music. Maybe if the labels go too far at some point iTunes will move to create their own version of this.